VANCOUVER, July 5, 2017 /CNW/ - Savant Explorations Ltd.
(TSXV: SVT; US OTC: SVATF) (the "Company") announces the
Company has changed its name to "Blue Moon Zinc Corp." and the new
stock symbol will be "MOON". The name and symbol change will be
effective on July 5, 2017 and was
approved by the board of directors and in accordance with the
Articles of the Company. The Company's new website can be found at
www.bluemoonmining.com.
Patrick McGrath, Chief Executive
Officer, stated,"We are pleased to change the name of the Company
to Blue Moon Zinc Corp. to more clearly identify the Company's
association with its flagship Blue Moon zinc property in western
United States."
About Savant
The Company is focused on the wholly-owned advanced stage Blue
Moon zinc project. The Blue Moon project has a current resource
estimate of 2.62 million tons with a grade of 6.01% zinc in the
Indicated category and 2.68 million tons with a grade of 5.98% zinc
in the Inferred category plus significant values of copper, silver
and gold. The resource is open at depth and along strike and
historical metallurgical testing indicates favourable recoveries. A
NI 43-101 report detailing the resource and summarizing
metallurgical recoveries is available on the company's website
(www.bluemoonmining.com) and filed on SEDAR on February 21, 2008. The Company plans to advance
the project to feasibility and permitting.
Qualified Persons
Jack McClintock, P. Eng, a
Director of the Company, is a qualified person as defined by NI
43-101, has reviewed the scientific and technical information that
forms the basis for this press release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This release includes certain statements
that may be deemed to be forward-looking statements. All statements
in this release, other than statements of historical facts that
address access to capital, regulatory approvals, exploration and
development drilling, exploitation and development activities and
events or developments that the Company expects are forward-looking
statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, continuity of mineralization, uncertainties
related to the ability to obtain necessary permits, licenses and
title and delays due to third party opposition, changes in
government policies regarding mining and natural resource
exploration and exploitation, and continued availability of capital
and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
Readers are cautioned not to place undue reliance on this
forward-looking information, which is given as of the date it is
expressed in this press release, and the Company undertakes no
obligation to update publicly or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by applicable securities laws. For
more information on the Company, investors should review the
Company's continuous disclosure filings that are available at
www.sedar.com.
SOURCE Blue Moon Zinc Corp.